ARA Small vs. Large Projects Felix Sanchez and Don Cole Project Management for ARA Engineers and Scientists
ARA Revenue by Contract (FY06 Data – same ratios today)
ARA Growth from 1,400-2,800+ in Less than 5 Years? • Only $19 million comes from 920+ contracts • About 70 percent of our revenue comes from 10 percent of our large contracts • Over 40 percent of revenue from contracts over $2 million • Must know how to win larger size contracts • Must win longer-term contracts with new clients • Need to “expand the pie” • Need new customers! new Must Establish Good Reputation on Managing Large Contracts
Project Management Questions You Need to Answer • What has to be done? • When does it have to be done? • How do you manage it? • Who leads various tasks? • Who will do the work? • How much will it cost? • How much have you accomplished to date? • How much have you spent to date? • How much will it cost to finish?
ARA Small Projects vs. Large Projects • Are same principles applicable? • Are the same management Best Practices applicable? • Are the tools scaleable from small to large projects? • What is required for small vs. large projects?
Five Elements for Program Management Program Organization Work Breakdown Structure (WBS) • Organization: Define contractual effort and assign responsibility for work. • Planning and Budgeting: Plan, schedule, budget and authorize work. • Cost Reporting: Accumulate cost of work and material. • Analysis: Compare planned and actual costs to performance and analyze variances. Develop estimates of final cost. • Close Out: Ensure within cost and schedule and market follow-on efforts. Budget (Resource Loaded Network) Task Definition Schedules Cost Reporting Performance Measurement Estimate at Completion (EAC) Performance Measurement Variance Analysis Reports (VAR) Close Out Close Out